No-Deal Brexit Won’t Be ‘End of the World’: UK Prime Minister August 28, 2018 By Alex Morales The U.K. can still make a success of Brexit if it tumbles out of the European Union without a deal,...
Lloyd’s Market Assn. Appoints Navigators’ Cameron as CEO, Succeeding Gittings August 28, 2018 Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd’s...
Hong Kong’s FWD to Buy HSBC’s Stake in Malaysia Insurance Joint Venture: Sources August 28, 2018 By Sumeet Chatterjee and Liz Lee Hong Kong-based insurer FWD Group has agreed to buy HSBC Holdings Plc’s stake in a Malaysian insurance joint venture as...
Berkshire Invests $356M in One97, Parent of India’s Biggest Digital Payments Firm August 28, 2018 By Trevor Hunnicutt, Sankalp Phartiyal and Kane Wu Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm,...
Private Equity Firm Apollo to Buy Aspen Insurance for $2.6 Billion August 28, 2018 By Neil Callanan Apollo Global Management LLC, the investment firm led by Leon Black, agreed to acquire Aspen Insurance Holdings Ltd. for $2.6...
The Co-operators Offers Storm Surge Insurance to Homeowners in Atlantic Canada August 27, 2018 The Co-operators Group Ltd. is offering storm surge insurance to homeowners in the provinces of Atlantic Canada: New Brunswick, Prince...
UK’s GoCompare.com Attracts Interest From KKR, Other Private Equity Firms August 27, 2018 By Ruth David and David Hellier GoCompare.com Group Plc attracted takeover interest from potential acquirers, including private equity firm KKR & Co., in recent weeks, according...
Canada Should Require Stronger Rail Cars for Crude Before 2025 Deadline: Official August 27, 2018 By Allison Lampert Canada ought to require stronger tank cars for transporting flammable liquids sooner than the current deadline in 2025, Transportation Safety...
What Will Happen to EU Financial Services Firms After No-Deal Brexit? August 27, 2018 By Jill Lawless Britain will unilaterally accept some European Union rules and give EU financial services firms continued access to the U.K. market...
Germany Wildfire Southwest of Berlin Detonates Buried WWII Ammunition August 27, 2018 By Kirsten Grieshaber Firefighters struggled Friday to tame a wildfire southwest of Berlin but had to maneuver carefully as the blaze set off...